Global Gallium Nitride (GaN) Power Transistor Market Growth 2024-2030

Global Gallium Nitride (GaN) Power Transistor Market Growth 2024-2030

The global Gallium Nitride (GaN) Power Transistor market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Gallium Nitride (GaN) Power Transistor Industry Forecast” looks at past sales and reviews total world Gallium Nitride (GaN) Power Transistor sales in 2023, providing a comprehensive analysis by region and market sector of projected Gallium Nitride (GaN) Power Transistor sales for 2024 through 2030. With Gallium Nitride (GaN) Power Transistor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gallium Nitride (GaN) Power Transistor industry.

This Insight Report provides a comprehensive analysis of the global Gallium Nitride (GaN) Power Transistor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gallium Nitride (GaN) Power Transistor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gallium Nitride (GaN) Power Transistor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gallium Nitride (GaN) Power Transistor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gallium Nitride (GaN) Power Transistor.

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report presents a comprehensive overview, market shares, and growth opportunities of Gallium Nitride (GaN) Power Transistor market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Gallium Nitride Silicon Carbide Transistor
Gallium Nitride Silicon Transistor

Segmentation by application
Industrial & Power
Communication Infrastructure
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aixtron
Azzurro Semiconductors
Cree
Epigan
Fujitsu
International Quantum Epitaxy (IQE)?
Koninklijke Philips
Mitsubishi Chemical
Nippon Telegraph & Telephone
RF Micro Devices
Texas Instruments
Toshiba
Panasonic
GaN Systems

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gallium Nitride (GaN) Power Transistor market?

What factors are driving Gallium Nitride (GaN) Power Transistor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gallium Nitride (GaN) Power Transistor market opportunities vary by end market size?

How does Gallium Nitride (GaN) Power Transistor break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.